Finance Firm Nomura Predicts Fed Rate Cut and End of Tapering This Month – What Would This Mean for Crypto?

By CryptoNews - 1 year ago - Reading Time: 1 minutes

Finance Firm Nomura Predicts Fed Rate Cut and End of Tapering This Month – What Would This Mean for Crypto?

Financial services giant Nomura now believes the Federal Reserve is done with interest rate hikes and that it could even cut rates at its meeting next week.
“In reaction to looming financial stability risks, we now expect the Fed to cut rates,” Nomura economists Aichi Amemiya and Jacob Meyer were cited by Bloomberg as saying in a private note this week....
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Original source: CryptoNews